BorgWarner (BWA), Garrett Motion (GTX), and PHINIA (PHIN) will trade ex-dividend on June 2, 2025, with respective quarterly dividend payments of $0.11, $0.06, and $0.27 payable on June 16, 2025; this translates to an expected price decrease at market open on June 2nd of 0.33% for BWA, 0.55% for GTX, and 0.62% for PHIN, all else being equal. Based on current dividend rates, the estimated annualized yields are 1.33% for BWA, 2.21% for GTX and 2.46% for PHIN, assuming dividends remain consistent.
Three automotive component suppliers, BorgWarner Inc. (BWA), Garrett Motion Inc. (GTX), and PHINIA Inc. (PHIN), are scheduled to trade ex-dividend on June 2, 2025. BorgWarner will distribute a quarterly dividend of $0.11 per share, Garrett Motion $0.06 per share, and PHINIA $0.27 per share, with all payments due on June 16, 2025. Consequently, on the ex-dividend date, BWA's share price is anticipated to adjust lower by approximately 0.33% from its recent price of $33.15, while GTX and PHIN are expected to open 0.55% and 0.62% lower, respectively, all other factors remaining constant. These declared dividends correspond to estimated current annualized yields of 1.33% for BWA, 2.21% for GTX, and 2.46% for PHIN, should these payout levels be sustained. The article highlights that dividend predictability is inherently tied to company profitability over time, suggesting that an examination of historical dividend patterns is a prudent step in assessing the likelihood of future payments. In Thursday's trading, unrelated to the ex-dividend mechanics, BorgWarner Inc shares were down about 1.3%, Garrett Motion Inc shares declined approximately 3.7%, and PHINIA Inc shares were off about 0.7%.
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